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Eternity Investment Limited (0764) Fair Value & Analysis

Industrials · HK · Market cap HK$115M

EI Eternity Investment Limited 0764 · HK
PriceHK$0.2700
Fair ValueHK$0.3400
Upside+25.9%
Quality38/100
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Weak Growth
Low debt · negative free cash flow
Mixed vs. peers (4/8)
Narrow moat 0/100
Evidence: Low Range HK$0.2500 – HK$0.5100 Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated 2 days ago

Fair value updated Aug 13, 2026, revised from HK$0.2976 to HK$0.3400 (+14.2%) since Aug 5, 2026. Share price −5.3% over the past month.

Below-average quality, screening 26% undervalued on our models.

What matters now

  • A fairly wide model range (HK$0.2500 to HK$0.5100) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

HK$3.20 HK$0.2600 Fair Value HK$0.3400 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.2600 – HK$3.20 · fair‑value band HK$0.2500 – HK$0.5100 · the HK$0.2700 price screens below the HK$0.3400 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Eternity Investment Limited (0764) currently trades at HK$0.2700, while our model-based Fair Value estimate is HK$0.3400, implying the stock looks roughly 25.9% undervalued today. The Quality Score stands at 38/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at HK$131M. Revenue grew 19.9% year over year. It earns a return on equity of -38.3%. Net debt stands at HK$847M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.2500 (bear case) to HK$0.5100 (bull case); at HK$0.2700, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 80% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 11% fair-value upside, at 26%, 0764 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EV/EBITDA HK$0.6900 HK$0.9000 HK$1.10 54
NCAV (Graham) HK$0.9200 HK$1.24 HK$1.85 50
All 2 models by family
Multiples
EV/EBITDA HK$0.6900 HK$0.9000 HK$1.10 54
Asset-Based
NCAV (Graham) HK$0.9200 HK$1.24 HK$1.85 50

Widest divergence: Asset-Based (HK$1.24) versus Multiples (HK$0.9000). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) HK$131M
Revenue growth (YoY) +19.9%
Net margin -262%
Return on equity -38.3%
Free cash flow −HK$13.1M FY2025
Operating margin -85.3%
More key figures
EPS (TTM) HK$-0.1200
Net debt HK$847M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 35 · Market factors (momentum, volatility) 14

Profitability 2
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 26
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 1
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 80
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Eternity Investment Limited, an investment holding company, operates a golf course in the People's Republic of China, Asia, Australia, Europe, Hong Kong, the Middle East, and North America. The company operates in five segments: Property Investment, Sale of Financial Assets, Money Lending, Sale of Jewelry Products, and Golf Club Operation.

Full company description

Eternity Investment Limited, an investment holding company, operates a golf course in the People's Republic of China, Asia, Australia, Europe, Hong Kong, the Middle East, and North America. The company operates in five segments: Property Investment, Sale of Financial Assets, Money Lending, Sale of Jewelry Products, and Golf Club Operation. It also engages in the sale of financial assets and money lending businesses; property investment; and leasing of rental properties and property management; and designing and sale of jewelry products. In addition, the company operates and manages membership-based golf club; resort that provides recreational and wellness services, as well as offers property holding and management services; and manages and operates cultural forum and related cultural activities. The company was formerly known as China Star Investment Holdings Limited and changed its name to Eternity Investment Limited in June 2010. Eternity Investment Limited was incorporated in 1999 and is headquartered in Central, Hong Kong.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Eternity Investment Limited reported revenue of HK$234M in FY2025 versus HK$272M in FY2021, a compound −3.7%/yr. Reported net income was −HK$343M in FY2025.

Growth Quality 5/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
HK$234M
Latest YoY
+4.7%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+1.1%
Avg. growth/yr (25Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.0%
Revenue −3.7%/yr
FY21 HK$272M
FY22 HK$170M
FY23 HK$197M
FY24 HK$224M
FY25 HK$234M
Net income
FY21 −HK$200M
FY22 −HK$273M
FY23 −HK$275M
FY24 −HK$416M
FY25 −HK$343M

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Cite: Fair Value Calculator (2026). "Eternity Investment Limited Fair Value". https://www.fairvalue-calculator.com/stock/0764

Peer Group

Conglomerates · 385 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 36 · Bottom 25%
Fair Value upside +26% · Above median
Return on assets -14% · Bottom 25%
Operating margin (TTM) -85% · Bottom 25%
Revenue growth 20% · Top 25%

Valuation Multiples vs Conglomerates median · lower = cheaper

P/S (TTM) 0.11× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 68 · sector 27
FUTURE 100 · sector 17
PAST 0 · sector 18
HEALTH 100 · sector 89
DIVIDEND 0 · sector 46

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is Eternity Investment Limited (0764) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.3400 versus a price of HK$0.2700, about +26% (undervalued).
What is the fair value of 0764?
Our model-based fair value for Eternity Investment Limited is HK$0.3400 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.2700.
What is the quality score of 0764?
Eternity Investment Limited has a Quality Score of 38/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Eternity Investment Limited (0764)?
Eternity Investment Limited reported trailing-twelve-month revenue of about HK$131M (latest available figure, as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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